"Business Maine: Central & Western" piece noting that two recently issued repor

Source

Mainebiz

Date

9-15-2003

Pages

10

Abstract

"Business Maine: Central & Western" piece noting that two recently issued reports offer conflicting information on the Maine economy. The Maine Center for Economic Policy's "State of Working Maine" report states that Maine's annual percapita income increased 3.3 percent, to $27,744, from 2001 to 2002, but Christopher St. John, the center's executive director , says the state lost more than 7,000 jobs in the last year, a symptom of the national jobless recovery. A report from the U.S. Census Bureau indicates that poverty in Maine increased sharply. According to the American Community Survey, the number of Maine families living below the poverty level increased nearly 20 percent from 2001 to 2002. Maine economists, however, question whether poverty in the state has escalated so rapidly.

Subjects

Economic conditions, Income, Poverty

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